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NHK Spring Announces Share Buyback Plan

NHK Spring Announces Share Buyback Plan

NHK Spring Co., Ltd. (JP:5991) has released an update.

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NHK Spring Co., Ltd. has announced plans to repurchase up to 4,750,000 of its own shares through the Tokyo Stock Exchange at a set price, as part of a strategic move authorized by its Board of Directors. This buyback, representing 2.21% of the company’s outstanding shares, highlights NHK Spring’s commitment to enhancing shareholder value. The repurchase is scheduled to occur on December 24, 2024.

For further insights into JP:5991 stock, check out TipRanks’ Stock Analysis page.

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